v3.24.3
PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2024
PROPERTY AND EQUIPMENT [Abstract]  
Property And Equipment NOTE 8. PROPERTY AND EQUIPMENT

Property and equipment included the following:

Useful

September 30,

December 31,

(In thousands)

Life

2024

2023

Land

—

$

9,752

$

9,748

Buildings and improvements

31.5

100,885

102,449

Equipment

5-15

216,873

206,392

Instruments, modules, and cases

5

716,267

672,018

Other property and equipment

3-5

30,027

22,020

1,073,804

1,012,627

Less: accumulated depreciation and amortization

(505,982)

(425,695)

Total

$

567,822

$

586,932

Instruments are hand-held devices used by surgeons to install implants during surgery. Modules and cases are used to store and transport the instruments and implants.

Depreciation expense related to property and equipment was as follows:

Three Months Ended

Nine Months Ended

September 30,

September 30,

(In thousands)

2024

2023

2024

2023

Depreciation

$

36,873

$

23,627

$

96,335

$

50,662